Iconix To Absorb Impairment Charge
Iconix Brand Group Inc. reported preliminary financial results for the third quarter and also said will recognize a non-cash intangible asset impairment charge of approximately $500 million to $750 million primarily related to the women’s segment.
American Outdoor Brands Again Cuts Outlook
American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms while reporting sluggish second-quarter results that generally came in line with guidance.
Duluth Holdings Sees 25 Percent Q3 Growth
Duluth Holdings Inc., the parent of Duluth Trading Company, reported sales in the third quarter rose 25.0 percent. The company showed a loss in the period.
Nautica Renews Golf Sponsorships
The Nautica brand announced that it will be extending its marketing partnership with PGA Tour player Cameron Tringale for an additional year. Nautica is introducing 24-year-old PGA Tour player Michael Kim as a golf brand ambassador.
Smith Appoints Andy McCabe As Creative Director
Smith also promoted Cara Shumate to art manager and appointed Cody Browning to the role of senior graphic designer.
BSN Sports Acquires Portion Of Hibbett Team Sales Assets
BSN Sports completed the acquisition of a portion of the assets of Hibbett Team Sales Inc. (HTS) based in Birmingham, AL.
Vail Resorts Sees Robust Early Season Pass Sales
Vail Resorts Inc. reported season pass sales for the North American ski season are up approximately 14 percent in units and approximately 20 percent in sales dollars through December 3, 2017.
GCI Outdoor Donates Wreaths To Wreaths Across America
With a mission to Remember, Honor and Teach, Wreaths Across America coordinates wreath laying ceremonies at over 1,200 cemeteries worldwide.
Nike Names Four New WHQ Buildings
Two buildings honor champion Nike athletes Serena Williams and Sebastian Coe, and a new fitness center is named after Coach Mike Krzyzewski.
Florida Shifts To Jordan From Nike
Florida is just the fourth collegiate football program to represent the Jumpman and the brand’s first college program in the Southeastern Conference.
University Of Southern Florida To Shift From Under Armour To Adidas
The University Of Southern Florida announced that it had entered into a new eight-year partnership with Adidas. Adidas will replace Under Armour as the official athletic footwear, apparel and accessory brand of the Bulls through the 2025-26 season.
Lululemon Again Tops Guidance
Lululemon Athletica Inc. reported earnings and same-stores sales topped guidance in the third quarter, prompting the retailer to lift its guidance for the year. The revenue gains were led by a 26 percent hike in online sales.
The North Face Names Winner Of 2017 Never Stop Exploring Award
Runners Roost, a Denver-based specialty running store, was selected for its commitment to the community and inspiring a healthy lifestyle for children and families.
Access Fund Will Sue Federal Government To Defend Bears Ears
Access Fund named President Donald Trump, Interior Secretary Ryan Zinke and other administration officials in a lawsuit to defend Bears Ears National Monument on the grounds that Trump’s Presidential Proclamation #9558 violates both the Antiquities Act and the United States Constitution.
Canfield’s Sporting Goods In Omaha To Close
Canfield’s Sporting Goods in Omaha, NE will be closing after 71 years in business, according to a report from the Omaha World-Herald.
